12204 CANDELARIA RD NE Pending Save Request In-Person Tour Request Virtual Tour
Albuquerque,NM 87112
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $174
MLS Listing ID 1077724
Bedrooms 2
Construction Status Resale
HOA Y/N No
Year Built 1977
Annual Tax Amount $3,351
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions Public Records
Property Sub-Type Quadruplex
Property Description
Fantastic opportunity for owner occupant rental property or investor! Lots of upgrades throughout so this baby is turn key! Lots of money invested in the last few years! Newer roof, stucco, stairs, electrical panel upgrades, vinyl windows, appliances, HVAC/AC air!, flooring, updated kitchens and (3) baths, paint, lighting, own washer and dryers, storage!!!Great NE location with park right nearby. This is ready to provide years of worry free income! Check out the comps and at pro forma of $1,300 a month this has a sweet GRM of 8.7 and a CAP rate of 8.35%! Fantastic price for a turnkey property that would be a great addition to your portfolio or owner occupant and have tenants pay the mortgage! DO NOT DISTURB TENANTS. Showing upon successful agreement. See attached for Pro-Forma Analysis.
Location
State NM
County Bernalillo
Area 50 - Northeast Heights
Interior
Heating Central, Forced Air
Cooling Refrigerated
Flooring Concrete, Laminate, Tile
Fireplace No
Appliance Free-Standing Gas Range,Refrigerator
Laundry Washer Hookup, Dryer Hookup, In Unit
Exterior
Community Features Storage Facilities
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 4
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Construction Status Resale
Others
Tax ID 102205938253812538
Acceptable Financing Cash,Conventional,FHA,VA Loan
Green/Energy Cert None
Listing Terms Cash,Conventional,FHA,VA Loan